Argent Large Cap ETF (NASDAQ:ABIG – Get Free Report) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 261 shares, a drop of 66.5% from the August 15th total of 779 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,539 shares, the short-interest ratio is currently 0.2 days.
Argent Large Cap ETF Price Performance
NASDAQ:ABIG traded up $0.46 during mid-day trading on Friday, hitting $35.08. The company’s stock had a trading volume of 9,029 shares, compared to its average volume of 4,804. The business’s fifty day moving average is $35.00 and its two-hundred day moving average is $33.14. The stock has a market cap of $57.53 million, a price-to-earnings ratio of 28.52 and a beta of 0.96. Argent Large Cap ETF has a 1 year low of $28.39 and a 1 year high of $36.48.
Institutional Investors Weigh In On Argent Large Cap ETF
Institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC acquired a new stake in shares of Argent Large Cap ETF in the 2nd quarter worth $285,000. Jane Street Group LLC acquired a new stake in shares of Argent Large Cap ETF during the second quarter worth about $375,000. Krilogy Financial LLC purchased a new position in shares of Argent Large Cap ETF in the first quarter valued at approximately $815,000. Finally, Moneta Group Investment Advisors LLC grew its holdings in shares of Argent Large Cap ETF by 23.5% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 957,663 shares of the company’s stock valued at $30,654,000 after purchasing an additional 182,174 shares in the last quarter.
Argent Large Cap ETF Company Profile
The Argent Large Cap ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in approximately 30 to 35 large-cap U.S. companies. The fund focuses on “Enduring Businesses” with durable competitive advantages, consistent cash flow growth, and management teams with proven track records of value creation.
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